Civic Intelligence

Renaissance School Inc

990 • Fiscal year 2019 • EIN 65-0591474

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 22, 2020

37 Barkley CircleFort Myers, FL 33907

(239) 275-2022

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

3.95x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

0.55x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

38th percentile

-0.8%

Higher net margin than 38% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

11th percentile

-43%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-18%

Faster revenue growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$48,052

Down $36,763 (-43%) from 2018

Net Assets

Down

-$141,844

Down $2,876 (-2.1%) from 2018

Liabilities

Down

$189,896

Down $33,887 (-15%) from 2018

Revenue

Down

$346,289

Down $75,978 (-18%) from 2018

Expenses

Down

$349,165

Down $72,046 (-17%) from 2018

Net Income

Down

-$2,876

Down $3,932 (-372%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$200K$0-$200K-$400KAssets 2011: $123,417Liabilities 2011: $347,347Net Assets 2011: -$223,9302011Assets 2012: $157,405Liabilities 2012: $334,886Net Assets 2012: -$177,4812012Assets 2013: $248,949Liabilities 2013: $287,815Net Assets 2013: -$38,8662013Assets 2014: $201,322Liabilities 2014: $286,027Net Assets 2014: -$84,7052014Assets 2015: $158,832Liabilities 2015: $282,867Net Assets 2015: -$124,0352015Assets 2016: $71,454Liabilities 2016: $283,739Net Assets 2016: -$212,2852016Assets 2017: $142,722Liabilities 2017: $282,746Net Assets 2017: -$140,0242017Assets 2018: $84,815Liabilities 2018: $223,783Net Assets 2018: -$138,9682018Assets 2019: $48,052Liabilities 2019: $189,896Net Assets 2019: -$141,8442019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$48,052
Liabilities$189,896
Net Assets-$141,844

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $483,890Expenses 2011: $421,550Net Income 2011: $62,3402011Expenses 2012: $444,2772012Revenue 2013: $632,089Expenses 2013: $493,474Net Income 2013: $138,6152013Revenue 2014: $487,609Expenses 2014: $533,448Net Income 2014: -$45,8392014Revenue 2015: $512,829Expenses 2015: $552,159Net Income 2015: -$39,3302015Revenue 2016: $473,745Expenses 2016: $561,995Net Income 2016: -$88,2502016Revenue 2017: $507,101Expenses 2017: $434,840Net Income 2017: $72,2612017Revenue 2018: $422,267Expenses 2018: $421,211Net Income 2018: $1,0562018Revenue 2019: $346,289Expenses 2019: $349,165Net Income 2019: -$2,8762019Revenue 2020: $168,435Expenses 2020: $16,592Net Income 2020: $151,8432020

Highlighted filing

2019

Revenue$346,289
Expenses$349,165
Net Income-$2,876
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 22, 2020
Return Version
2018v3.1
Gross Receipts
$346,289
Mission and Program Overview

Mission

The organization provides a nurturing environment for students to grow in their natural creative process of education. Students are provided extensive studies in mathematics, literature, sciences, history, geography and the arts through a rigorous and challenging curriculum.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$220,980$181,763▼ $39,217
Land, Buildings, and Equipment, Net$50,687$44,155▼ $6,532
Cash and Non-Interest-Bearing Accounts$15,481$1,596▼ $13,885
Savings and Temporary Cash Investments$16,348$2▼ $16,346
Total Assets$84,815$48,052▼ $36,763
Other Assets Total$2,299$2,299→ $0
Liabilities
Other Liabilities$2,803$8,133▲ $5,330
Total Liabilities$223,783$189,896▼ $33,887
Net Assets / Fund Balance
Temporarily Rstr Net Assets$18,989$18,989→ $0
Unrestricted Net Assets$-157,957$-160,833▼ $2,876
Total Net Assets Fund Balance$-138,968$-141,844▼ $2,876
Total Liabilities and Net Assets / Fund Balance$84,815$48,052▼ $36,763

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,842$58,199$70,041
Leasehold Improvements$32,313$35,866$68,179
Compensation and Service Providers

Board Members and Trustees

NameTitle
M Kathleen LeitchPresident/director
Robert a Leitch JrVice Chairman
Katherine BravoVice President/director
Tanya RyskindSecretary
Tim SeldinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$61,665
Program Service Revenue
$282,109
Investment Income
$2
Other Revenue
$2,513
All Other Contributions
$61,665
Change in Net Assets
$-2,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,314
Salaries, Compensation, and Employee Benefits$173,851
Total Fundraising Expense$2,609
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$143,069$15,897-$158,966
Occupancy$78,936$7,944-$86,880
Advertising$5,222$18,276$2,609$26,107
Payroll Taxes$10,877$1,209-$12,086
Interest-$10,784-$10,784
Insurance$7,546$818-$8,364
Depreciation Depletion$4,380$2,152-$6,532
Fees for Services Other$1,570$2,932-$4,502
Fees for Services Accounting$3,137$349-$3,486
All Other Expenses$3,108$127-$3,235
Other Employee Benefits$2,519$280-$2,799
Office Expenses$2,410$174-$2,584
Other Expenses$2,193$348-$2,193
Conferences and Meetings$784--$784
Information Technology$84$601-$685
Travel$190--$190
Total Functional Expenses$284,665$61,891$2,609$349,165
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$220,980$181,763▼ $39,217
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$8,133
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Robert & kathleen leitch are married.

Form 990, Part VI, Section A, Line 6

Kathleen leitch is the president, board member and sole stockholder.

Form 990, Part VI, Section A, Line 7A

Stockholder and directors hold elections.

Form 990, Part VI, Section A, Line 7B

Decisions are subject to approval of stockholder and directors.

Form 990, Part VI, Section B, Line 11B

Provided at board meeting - reviewed and open for questions and comments.

Form 990, Part VI, Section B, Line 12C

Officers and directors and key employees are covered under policy and information is updated and reviewed annually at management level.

Form 990, Part VI, Section C, Line 18

AVAILABLE UPON REQUEST.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Renaissance School Inc
EIN
65-0591474
Phone
2392752022
Address
37 BARKLEY CIRCLE, FORT MYERS, FL 33907

Signing Officer

Name
Kathleen Leitch
Title
President
Phone
2392752022
Signed
2020-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Leitch
Formed
1995
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
3
Employees
11
Volunteers
25

Preparer

Firm
Markham Norton Mosteller Wright & Co
Address
8961 CONFERENCE DRIVE SUITE 1, FORT MYERS, FL 33919
Preparer
Karen Mosteller
Phone
2394335554
Supplemental Narrative

Additional Explanations

Form 990

Section 1.263(a)-1(f) de minimis safe harbor election renaissance school, inc. 37 barkley circle fort myers, fl 33907 employer identification number: 65-0591474 for the year ending: june 30, 2019. Renaissance school, inc. Is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).

Financial Statement Notes

PART X, LINE 2:

The school's tax filings are subject to audit by various taxing authorities. The financial accounting standards board has issued guidance on accounting for uncertainty in income taxes and the school has adopted this guidance. The school has evaluated its tax positions and any estimates utilized in its tax returns, and concluded that it has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. Interest and penalties associated with uncertain tax positions will be recognized in income tax expense, if required. The school's form 990, return of organization exempt from income tax, for the years ending june 30, 2016 and forward, remains open for examination by federal taxing authorities.

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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt011842
IRS990ScheduleD/EquipmentGrp/DepreciationAmt058199
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt070041
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt032313
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt035866
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt068179
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08133
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE FINANCIAL ACCOUNTING STANDARDS BOARD HAS ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND THE SCHOOL HAS ADOPTED THIS GUIDANCE. THE SCHOOL HAS EVALUATED ITS TAX POSITIONS AND ANY ESTIMATES UTILIZED IN ITS TAX RETURNS, AND CONCLUDED THAT IT HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS WILL BE RECOGNIZED IN INCOME TAX EXPENSE, IF REQUIRED. THE SCHOOL'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING JUNE 30, 2016 AND FORWARD, REMAINS OPEN FOR EXAMINATION BY FEDERAL TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt044155
IRS990ScheduleD/TotalLiabilityAmt08133
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATORY POLICY PUBLICIZED IN ADVERTISING
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0181763
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO PROVIDE SCHOOL WITH NECESSARY WORKING CAPITAL.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0270980
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0KATHLEEN LEITCH
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt0181763
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROBERT & KATHLEEN LEITCH ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KATHLEEN LEITCH IS THE PRESIDENT, BOARD MEMBER AND SOLE STOCKHOLDER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STOCKHOLDER AND DIRECTORS HOLD ELECTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS ARE SUBJECT TO APPROVAL OF STOCKHOLDER AND DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDED AT BOARD MEETING - REVIEWED AND OPEN FOR QUESTIONS AND COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICERS AND DIRECTORS AND KEY EMPLOYEES ARE COVERED UNDER POLICY AND INFORMATION IS UPDATED AND REVIEWED ANNUALLY AT MANAGEMENT LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION RENAISSANCE SCHOOL, INC. 37 BARKLEY CIRCLE FORT MYERS, FL 33907 EMPLOYER IDENTIFICATION NUMBER: 65-0591474 FOR THE YEAR ENDING: JUNE 30, 2019. RENAISSANCE SCHOOL, INC. IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt018989
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt018989
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt048052
IRS990/TotalAssetsGrp/BOYAmt084815
IRS990/TotalAssetsGrp/EOYAmt048052
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt061665
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02609
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061891
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0284665
IRS990/TotalFunctionalExpensesGrp/TotalAmt0349165
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0223783
IRS990/TotalLiabilitiesEOYAmt0189896
IRS990/TotalLiabilitiesGrp/BOYAmt0223783
IRS990/TotalLiabilitiesGrp/EOYAmt0189896
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-138968
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-141844
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0284665
IRS990/TotalProgramServiceRevenueAmt0282109
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0284622
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0346289
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt084815
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt048052
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0190
IRS990/TravelGrp/TotalAmt0190
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-157957
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-160833
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt037 BARKLEY CIRCLE
IRS990/USAddress/CityNm0FORT MYERS
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033907
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.MONTESSORICHILD.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHLEEN LEITCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02392752022
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RENAISSANCE SCHOOL INC

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